Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

6. what is the total budgeted manufacturing overhead cost for July ? a) $127,250 b) $135,250 c) $123,250 d) $111,250 Asume that company provided the

6. what is the total budgeted manufacturing overhead cost for July ?
a) $127,250
b) $135,250
c) $123,250
d) $111,250
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Asume that company provided the following information and assumptions from its master budget Sales dot Uni June July, and Augustare 20.000 18.000 and 17000, suspectively. The selling per Alle we account 20% of sales are collected in the mother and are collected in the next month Production budget. The ending wished goods inventory ways 25of next monthniel Detectabo budoet. The direct laboe hours are per untis 150 hours. The direct labor cost pre hours 51 Manufactured at the variatie overhead.com is $2.00 per director how the totale manufacturing overtimas 570.000 which is $2.000 depreciation What is the total budgeted manufacturing overed.cout for July Mucho 22250 O 250 5012 Hely Sovet Assume that a company provided the following information and assumptions from its master budget Sales budget Unit sales in June July, and Augustare 20.000, 18000, and 17000, respectively. The selling price per unit is $80. Al sales are on account 20% of tiles are collected in the month of sale and 80% are collected in the next month Production budget. The ending finished goods inventory is always 25% of next months in sales Direct labor budget. The direct labor-hours required per unit is 1.50 hours. The direct labor cost per hour is $18. Manufacturing overhead budget. The variable overhead rate is $2.00 per direct labor-hour The total fixed manufacturing overhead $70,000 which includes $2.000 of depreciation What is the total budgeted manufacturing overhead cost for July Multiple Choice 5127.250 $135.250 Assume that a company provided the following information and assumptions from its master budget Sales budget: Unit sales in June, July, and August are 20,000, 18,000, and 17,000, respectively. The selling price per unit is $80 sale and 80% are collected in the next month. Production budget. The ending finished goods inventory is always 25% of next month's unit sales. Direct labor budget: The direct labor-hours required per unit is 1.50 hours. The direct labor cost per hour is $18. Manufacturing overhead budget: The variable overhead rate is $2.00 per direct labor-hour. The total fixed manufacturing over What is the total budgeted manufacturing overhead cost for July? Multiple Choice SCARL sunnit ons from its master budget: 17,000, respectively. The selling price per unit is $80. All sales are on account. 20% of sales are collected in the month of next month's unit sales. The direct labor cost per hour is $18. direct labor hour. The total fixed manufacturing overhead is $70,000, which includes $12.000 of depreciation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

CISA Certified Information Systems Auditor Bundle

Authors: Peter H. Gregory

1st Edition

1260459861, 978-1260459869

More Books

Students also viewed these Accounting questions

Question

=+ (b) Find an example where u is not countably subadditive.

Answered: 1 week ago

Question

10-9 How have social technologies changed e-commerce?

Answered: 1 week ago